Covestro AG (FRA:1COV)

Germany flag Germany · Delayed Price · Currency is EUR
60.34
+0.26 (0.43%)
Aug 1, 2025, 8:57 PM CET
0.43%
Market Cap11.41B
Revenue (ttm)13.84B
Net Income (ttm)-378.00M
Shares Outn/a
EPS (ttm)-2.00
PE Ration/a
Forward PE136.97
Dividendn/a
Ex-Dividend Daten/a
Volume215
Average Volume1,701
Open60.34
Previous Close60.08
Day's Range60.34 - 60.56
52-Week Range52.14 - 61.00
Betan/a
RSI49.77
Earnings DateJul 31, 2025

About Accolade

Covestro AG supplies high-tech polymer materials and application solutions. It operates in two segments, Performance Materials, and Solutions & Specialties. The Performance Materials segment develops, produces, and supplies high-performance materials, such as polyurethanes and polycarbonates, and base chemicals, which include diphenylmethane diisocyanate (MDI), toluylene diisocyanate, long-chain polyols, and polycarbonate resins for use in furniture and wood processing, construction, automotive, and transportation industries, as well as roof st... [Read more]

Sector Materials
Founded 1863
Employees 17,503
Stock Exchange Frankfurt Stock Exchange
Ticker Symbol 1COV
Full Company Profile

Financial Performance

In 2024, Covestro AG's revenue was 14.18 billion, a decrease of -1.38% compared to the previous year's 14.38 billion. Losses were -266.00 million, 34.3% more than in 2023.

Financial Statements

News

EU Probe Puts ADNOCs $14B Covestro Takeover at Risk

The takeover of German chemicals giant Covestro by Abu Dhabis national oil company ADNOC is facing significant hurdles, as the EU is at present assessing the possible competition distortion in Europea...

2 days ago - OilPrice com

Covestro AG reports Q2 results

3 days ago - Seeking Alpha

EQS-PVR: Covestro AG: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

EQS Voting Rights Announcement: Covestro AG Covestro AG: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution 29.07...

5 days ago - Wallstreet:Online

Adnoc’s €12 Billion Covestro Takeover Hit by EU Subsidy Probe

Abu Dhabi National Oil Co.’s planned takeover of Covestro AG for nearly €12 billion ($14 billion) has been hit by an in-depth European Union probe under the bloc’s tough new foreign-subsidy rules.

6 days ago - Financial Post

ADNOC's Covestro buy may be boosted by foreign subsidies, EU warns

Abu Dhabi state oil giant ADNOC's 14.7 billion euro ($17.15 billion) bid for German chemicals company Covestro may face hurdles after EU antitrust regulators opened an investigation on Monday into pot...

6 days ago - Reuters

Covestro AG: Lowered 2025 Forecast

Amidst a challenging global economic landscape, Covestro AG has revised its financial forecasts for 2025, signaling a cautious outlook for the year ahead. Jetzt den vollständigen Artikel lesen

23 days ago - Wallstreet:Online

EQS-Adhoc: Covestro AG: Reduced outlook for 2025

EQS-Ad-hoc: Covestro AG / Key word(s): Change in Forecast Covestro AG: Reduced outlook for 2025 11-Jul-2025 / 13:14 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulatio...

23 days ago - Wallstreet:Online

Adnoc’s €12 Billion Covestro Deal Faces Likely In-Depth EU Probe

Abu Dhabi National Oil Co.’s €11.7 billion ($13.7 billion) takeover of Covestro AG is facing the prospect of an in-depth European Union investigation, under powers that can curb influential foreign in...

27 days ago - Financial Post

EU antitrust regulators resume foreign aid probe into ADNOC's Covestro deal

EU antitrust regulators have resumed scrutiny of Abu Dhabi state oil giant ADNOC's 14.7-billion euro ($17.3 billion) acquisition of German chemicals company Covestro after the companies provided the i...

4 weeks ago - Reuters

EQS-PVR: Covestro AG: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

EQS Voting Rights Announcement: Covestro AG Covestro AG: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution 25.06...

5 weeks ago - Wallstreet:Online

EQS-AFR: Covestro AG: Preliminary announcement of the publication of financial reports according to Articles 114, 115, 117 of the WpHG [the German Securities Act]

EQS Preliminary announcement financial reports: Covestro AG / Preliminary announcement on the disclosure of financial statements Covestro AG: Preliminary announcement of the publication of financial r...

7 weeks ago - Wallstreet:Online

North America Polycarbonate Sheets Market Forecast Report 2025-2030, with Key Player Profiles for Covestro, CS Hyde, Gallina, San Diego Plastics, Palram, Stabilit Suisse, Lyon Plastic, Tileron & more

Notable market drivers include the replacement of glass with polycarbonate in construction, sustainability initiatives, and significant automotive manufacturing growth in the USA, Canada, and Mexico. ...

2 months ago - GlobeNewsWire

Adnoc's $13 Billion Bid for Germany's Covestro Approved by EU

The European Commission cleared Abu Dhabi National Oil Co's acquisition of the chemicals group, removing a key regulatory hurdle for the deal to proceed.

2 months ago - WSJ

ADNOC wins unconditional EU antitrust approval for Covestro deal

Abu Dhabi state oil giant ADNOC on Tuesday won unconditional EU antitrust approval for its 14.7 billion euro ($16.3 billion)takeover of German chemicals company Covestro , confirming an earlier Reuter...

2 months ago - Reuters

EQS-PVR: Covestro AG: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

EQS Voting Rights Announcement: Covestro AG Covestro AG: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution 08.05...

3 months ago - Wallstreet:Online

ADNOC Poised to Win EU Approval for $16.6 Billion Covestro Takeover

Abu Dhabis state oil giant ADNOC is reportedly on track to secure unconditional EU antitrust approval for its 14.7 billion ($16.6 billion) acquisition of Germanys Covestro, sources told Reuters on Tue...

3 months ago - OilPrice com

Exclusive: EU antitrust regulators to okay ADNOC, Covestro deal, sources say

Abu Dhabi state oil giant ADNOC is set to secure unconditional EU antitrust approval for its 14.7 billion euro ($16.6 billion) takeover of German chemicals company Covestro , two people with direct kn...

3 months ago - Reuters